Cyber Crime news and archive

The North Face and Cartier join growing list of cyber attack targets

Sports brand The North Face and jewellery label Cartier are said to have become the latest fashion retailers to face cyber attacks. According to the BBC, North Face had contacted some customers revealing that it had discovered a “small-scale” attack in April. Hackers were reported to have targeted the brand through “credential stuffing”, a...

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Victoria’s Secret takes down US site following ‘security incident’

Victoria’s Secret seems to have been the next target in a growing list of fashion companies facing online attacks. The lingerie brand confirmed that it was tackling a "security incident” that led it to take down its US website and “some in store services as precaution”. While the website is now back online, in a post on Instagram the company...

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Adidas faces consumer data breach

Adidas has warned consumers of a potential breach of data. The sportswear giant told Reuters that an “unauthorised external party” had garnered certain consumer data via a third-party customer service provider. In a statement to the media outlet, Adidas said: “We immediately took steps to contain the incident and launched a comprehensive...

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Marks & Spencers faces class action lawsuit over cyber attack

British department store chain Marks & Spencer is facing a multimillion pound lawsuit following its cyber attack. The complaint specifically pertains to Scottish customers whose personal data was stolen during the incident. Marks & Spencer confirmed that consumer data had been stolen in the cyber attack last week. However, it noted that there...

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Retail

How to manage privacy risks and customer impact following a data breach like Dior's

French luxury fashion house Dior recently confirmed that it was the victim of a data breach last week in a message sent to those affected, which saw the personal information of some of its customers compromised. The incident saw an unauthorized party access part of the client data bases LVHM-owned brand, exposing customers’ names, mobile phone...

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Retailers should regularly review cyber controls as threat of attack increases

In view of recent cyber attacks on British department store Harrods, apparel retailer Marks & Spencer and others, audit, tax and consulting firm RSM UK is advising retailers to regularly review their cyber risk controls to ensure “they are as robust as possible”. “Retailers are already navigating a difficult trading environment shaped by fragile...

Retail

Retail fraud on the rise amid broader surge in financial crime

Fraud incidents surged to an estimated 3.9 million cases in England and Wales in the year ending September 2024, marking a 19 percent increase compared with the previous year, according to the Crime Survey for England and Wales (CSEW). This sharp rise brings incident levels back in line with those observed in March 2020, before the pandemic...